other material
confidence high
sentiment neutral
materiality 0.25
Xtant Medical extends Companion Spine Note and Paradigm payment dates to January 31, 2026
Xtant Medical Holdings, Inc.
- Promissory note from Companion Spine for $8.2M extended to Jan 31, 2026 (originally Jan 15, 2026).
- Purchase price adjustment payment of $1,742,000 for Paradigm Spine GmbH sale also extended to Jan 31, 2026.
- Extensions relate to December 1, 2025 divestitures: Coflex/CoFix ($17.5M total) and Paradigm Spine ($1.7M base).
- Note principal may be reduced by purchase price adjustments from the divestitures.